By Allison Linn |
The last few years have been tough on many Americans who work in the manufacturing industry, but they haven't been nearly as tough on the manufacturers’ profits.
U.S. manufacturers have seen a steady uptick in profits since bottoming out in late 2008, according to the most recent data from the U.S. Census Bureau.
After-tax profits for U.S. manufacturers totaled $159.7 billion in the second quarter, according to the Census Bureau. That’s nearly triple what they were in the second quarter of 2009, when corporations were just starting to emerge from the deep economic blows of 2008. The data is seasonally adjusted.
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